PackageTrendsPeer
Letter portraitLegal landscape

United Bank

Fairfax, VA · Cert 22858 · United Bankshares Inc.

State charter, Fed member · FED · 235 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks over $10B in assets3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks over $10B in assets (n=142 to 144). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

72

Q2 2024Q2 2026peer median (50)

Asset Quality

77

Q2 2024Q2 2026peer median (50)

Profitability

59

Q2 2024Q2 2026peer median (50)

Liquidity

54

Q2 2024Q2 2026peer median

Efficiency

82

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

United Bank

Fairfax, VA · Cert 22858 · United Bankshares Inc.

State charter, Fed member · FED · 235 branches

Q2 2026

$33.6BAssets
$25.0BLoans
$27.3BDeposits
$5.6BEquity
Loan mix
86%RE $20.4B10%C&I $2.5B3%Consumer $0.8BQ2 2025Q2 2026
Deposit mix
75%Interest-bearing $20.6B25%Noninterest $6.7BQ2 2025Q2 2026

NIM

5.03%Q2 ’245.04%Q2 ’254.93%Q2 ’26+7%+2%

Non-interest income vs. expense

1.84%Q2 ’241.78%Q2 ’251.77%Q2 ’26-1%-4%

Market Position · Washington-Arlington-Alexandria, DC-VA-MD-WV · 2026 SOD (annual) · 3.7% share · #6 of 71 inst. · $11.0B of $301.4B

4.0% Fairfax
3.2% District of Columbia
29.3% Monongalia
20.0% Kanawha

Executive Summary

  • Earnings: ROA of 1.56%, up 16 bps year over year; NIM at 3.63%.
  • Asset quality: problem loans at 0.44% of loans (+16 bps YoY), with net charge-offs at 0.09%.
  • Capital: tier 1 leverage ratio of 11.60%, up 3 bps from a year ago.
  • Funding: loans stand at 91.56% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.56%+16 bps YoY

Net Interest Margin (YTD, annualized)

3.63%+7 bps YoY

Efficiency Ratio (YTD, annualized)

45.77%-151 bps YoY

Tier 1 Leverage Ratio

11.60%+3 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.39%1.45%1.50%1.50%1.56%+16 bps
Return on Equity8.38%8.76%9.02%9.02%9.36%+98 bps
Net Interest Margin3.55%3.56%3.55%3.62%3.63%+7 bps
Efficiency Ratio47.28%46.56%45.99%46.73%45.77%-151 bps
Non-Interest Burden1.41%1.39%1.37%1.41%1.36%-5 bps
Growth
Asset Growth (YoY)9.41%11.84%12.10%2.81%2.93%-648 bps
Loan Growth (YoY)11.18%13.27%13.92%4.19%3.91%-727 bps
Deposit Growth (YoY)13.92%12.51%12.54%2.68%2.97%-1,095 bps
Asset Quality
Nonperforming Loans / Loans0.28%0.48%0.41%0.41%0.44%+16 bps
Net Charge-Offs / Loans0.14%0.20%0.18%0.09%0.09%-5 bps
Allowance / Loans1.28%1.22%1.20%1.20%1.20%-8 bps
Allowance Coverage of NPLs4.5x2.6x2.9x2.9x2.7x-1.8x
Capital
Tier 1 Leverage Ratio11.57%11.55%11.53%11.54%11.60%+3 bps
Total Risk-Based Capital14.95%14.85%14.95%14.84%14.91%-4 bps
Equity / Assets16.66%16.56%16.63%16.63%16.69%+3 bps
Liquidity & Funding
Loans / Deposits90.73%90.63%90.79%91.17%91.56%+83 bps
Liquid Assets / Assets6.08%6.76%6.84%6.05%5.36%-72 bps
CRE / Total Capitaln/a393%385%387%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-11

United Bank

Fairfax, VA · Cert 22858 · Peer group: banks over $10B in assets (n=142-144) · United Bankshares Inc.

State charter, Fed member · FED · 235 branches

Q2 2026

$33.6BAssets
$25.0BLoans
$27.3BDeposits
$5.6BEquity

Executive Summary

  • Strongest standing: equity / assets outperforms 96% of banks over $10B in assets (rank 6 of 144).
  • Widest gap: return on equity trails 70% of banks over $10B in assets (rank 101 of 144).
  • Overall: at or above the peer median on 8 of 9 directional measures.

Return on Assets

1.56%

Rank 33 of 144

Net Interest Margin

3.63%

Rank 42 of 144

Efficiency Ratio

46.34%

Rank 27 of 144

Equity / Assets

16.69%

Rank 6 of 144

Non-interest income vs. expense

$139.3M$599.5MINCOMEEXPENSE
Unfavorable gap of $460.2M · efficiency ratio beats 82% of banks over $10B in assets
Bank 46.34%Peer median 56.0%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.56%1.00%1.26%1.54%Beats 77%33 / 144
Return on Equity9.33%8.98%11.34%14.40%Beats 30%101 / 144
Net Interest Margin3.63%2.82%3.31%3.68%Beats 71%42 / 144
Efficiency Ratio46.34%49.42%56.02%62.41%Beats 82%27 / 144
Asset Quality
Nonperforming Loans / Loans0.44%0.48%0.73%1.07%Beats 80%30 / 142
Net Charge-Offs / Loans0.05%0.05%0.11%0.22%Beats 73%39 / 142
Capital
Tier 1 Capital Ratio13.69%12.07%12.98%14.92%Beats 61%56 / 144
Total Risk-Based Capital Ratio14.91%13.39%14.14%16.25%Beats 60%57 / 144
Equity / Assets16.69%9.69%11.39%12.96%Beats 96%6 / 144
Liquidity & Funding
Loans / Deposits91.56%75.72%84.92%91.56%75th pctl36 / 143
Loans / Assets74.41%59.83%69.07%74.80%73rd pctl39 / 144
Brokered Deposits / Depositsn/aNot reported for this institution